BANKING & FINANCE
IDFC FIRST Bank Q1 Profit Rises 132% To Record ₹1,075 Cr, Bad Loans Drop
IDFC FIRST Bank delivered its strongest quarterly performance to date, reporting a record profit after tax (PAT) of ₹1,075 crore for the first quarter of FY27, more than doubling from ₹463 crore in the corresponding quarter last year, driven by improved margins, healthier asset quality and robust business growth. The bank’s net interest margin (NIM) […]
CW Bureau
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Jul 25, 2026
BANKING & FINANCE
ICICI Bank Q1 Net Profit Rises 16% To ₹14,805 Cr; Provisions See Decline
ICICI Bank reported a 15.9% year-on-year increase in standalone profit after tax (PAT) to ₹14,805 crore for the first quarter of FY27, driven by healthy growth in net interest income, strong fee income and sustained expansion in its loan portfolio. The private sector lender had posted a net profit of ₹12,768 crore in the corresponding […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Kotak Mahindra Bank Q1 Profit Jumps 26% On Strong Loan Growth And NII
Kotak Mahindra Bank reported a 26% year-on-year rise in standalone net profit to ₹4,123 crore for the first quarter of FY27, aided by steady growth in net interest income (NII), healthy loan expansion and a sharp decline in credit provisions. The bank had posted a profit after tax (PAT) of ₹3,282 crore in the corresponding […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Axis Bank Q1 Profit Up 23% To ₹7,114 Cr On Strong Income, Asset Quality
Private sector lender Axis Bank reported a 23% year-on-year increase in net profit to ₹7,114 crore for the first quarter of FY27, driven by healthy growth in core income, improved operating efficiency and stable asset quality. The bank had posted a net profit of ₹5,806 crore in the corresponding quarter of the previous financial year. […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
SBI Net Surge Driven By Lower Credit Costs, Improved Asset Quality
State Bank of India (SBI), the country’s largest commercial bank, delivered a strong earnings performance in the December quarter of FY26, with standalone net profit rising 24.49% year-on-year to ₹21,028 crore. The sharp improvement was driven primarily by lower provisioning costs and sustained asset quality gains, even as margins moderated marginally. The standout feature of […]
CW Bureau
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Feb 8, 2026